Sally Coprporation's stockholder's equity on December 31, 2014 was as follows. ?10% cumulative preferred stock, $100 par value, ?callable at $105, with one year dividends in arrears $10,000 ?Common stock, $1 par value 50,000 ?Additional paid-in capital 150,000 ?Retained earnings 160,000 ?Total stockholders' equity 370,000

On January, 2015, Panata Corporation paid $300,000 for a 70% interest in Saito's ?common stock. On January 2015, the book values of Saito's assets and liabilites were ?were equal to fair values.

#1 Determine the book value of the common stockholders' equity for Saito Corporation on January 1, 2015

#2 What is the amount of goodwill reported on the consolidated balance sheet for Panata Corporation ( and ?Subsidiary) at January 2, 2015.

Please help me. Thank you!